Don’t Count on a ‘Powell Put’ This Week, Economist Warns Investors hoping for Federal Reserve intervention amid market volatility may be out of luck. Fed Chair Jerome Powell is unlikely to signal any support measures when policymakers meet this week, despite recent stock market weakness. “The upside risks to inflation...
The S&P 500 officially closed in correction territory on Thursday, marking its fastest peak-to-correction decline since March 2020. Another day, another tariff-driven selloff on Wall Street. The U.S. stock market’s sharp decline continued on Thursday, with the S&P 500 dropping 1.4% to close at 5,521.52. The index has now entered...
The S&P 500 recent slide into correction territory occurred at the fifth-fastest pace since 1950, according to Fundstrat’s Tom Lee. Historically, such swift declines have been followed by a rebound within three months. The speed of this selloff has taken investors by surprise. Just a few months ago, markets were...
On Tuesday, the S&P 500 closed 0.8% lower, settling at 5,572.07, after a volatile trading session, according to FactSet. A correction would occur if the index falls 10% from its recent peak, which would bring it to 5,529.74, based on Dow Jones Market Data. Morgan Stanley’s Andrew Slimmon, senior portfolio...
Dow Drops Nearly 900 Points as S&P 500 Nears Correction U.S. stock markets endured their worst session of 2025 on Monday, as investor fears of a potential recession intensified. The Trump administration’s attempts to reassure markets fell flat, raising the prospect of further selloffs and a possible bear market for...
DoorDash is among four companies set to join the S&P 500, while AppLovin and Coinbase were not selected. The committee responsible for choosing S&P 500 components exercises discretion in its selections, and this time, it appears to have prioritized stability over volatility. S&P Dow Jones Indices announced Friday that four...
